An altcoin designed to power an automated crypto trading platform is booming after gaining support from top US crypto exchange Coinbase.
an Ethereum-based crypto asset Kryll (KRL)The coin recently rose from a 24-hour low of $1.02 to an all-time high of $1.82, after the cryptocurrency was announced to be listed on Coinbase Pro. This price action represents a 78 percent increase, according to CoinGecko data.
Kryll is designed to allow users to browse, create and test various trading strategies as well as see how they are performing.
Investors can use the digital asset KRL to pay transaction fees on the platform and reduce the cost of expenses.
KRL is not the only new altcoin to debut on Coinbase Pro.
According to the stock market statement, OriginTrail (TRAC) will also be listed on the platform. Built on the Ethereum (ETH) network, the crypto asset TRAC powers OriginTrail’s data management system that helps businesses and organizations store and manage critical information in a completely decentralized and secure manner.
The TRAC token is designed to be used to pay for data processing and storage fees on the network.
TRAC is on the rise with the news of the Coinbase Pro listing. The altcoin, which hit an all-time high of $1.36 earlier today, has rallied over 35 percent to $1.28 at the time of writing, according to data from CoinGecko.
Coinbase Pro is also an Ethereum-based token that powers LCX Exchange, a digital asset trading platform. LCX (LCX) announced that it will support
Crypto asset LCX is up 6.8% in the last 24 hours and is trading at $0.32, according to CoinGecko.
It is the fourth crypto asset to come to Coinbase Pro. SUKU (SUKU).
The Ethereum-backed token is at the center of the SUKU Platform, which aims to bring new standards of accountability, reporting and verification to the supply chain industry.
SUKU, which doesn’t seem too impressed with the Coinbase listing news, is trading at $0.93, down 36 percent from its all-time high reached yesterday, according to data from CoinGecko.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.